Wasatch Back Quarterly Market Reports 2019 Q1 Wasatch Back Market Report | Page 7

EAST SUMMIT COUNTY Known as the “Gateway to the Uintas,” the charming Kamas Valley within East Summit County boasts endless outdoor activities. The East Summit County area includes the neighborhoods of Woodland, Francis, Kamas, Marion, Oakley, Weber Canyon, Peoa, Browns Canyon, Wanship, Hoytsville, Coalville, Echo, and Henefer. 0 2015 avg med avg 2016 med 2017 2019 single family homes AVERAGE 50 K 2018 avg med 0 2019 2019 single family homes SALES PRICE 20% 6% 29% avg med 2015 2019 vacant land MEDIAN SALES PRICE $616,284 AVERAGE SALES PRICE 15% $488,625 $215,107 avg avg 2016 med 2017 avg med med 2018 avg med 100 K med 150 K avg 200 K med avg 250 K UNITS 100 K Average and Median Sales Price 200 K 300 K 400 K 500 K 300 K 600 K 350 K 700 K 400 K 800 K VACANT LAND $ Average and Median Sales Price SINGLE FAMILY HOMES $ med 2019 2019 vacant land MEDIAN SALES PRICE 12% $134,000 *Percentage change compared to the same time previous year, rolling 12 month format. Please note small sample size in some instances. i Takeaway: The ‘Gateway to the Uintas’ continues to be popular as East Summit County saw a significant increase in the average and median single family home prices. Specifically, the Kamas Valley saw continued strong growth in the number of single family homes sold. Kamas and Marion experienced a notable price increase in single family homes while the number of homes sold remained stable. FIRST QTR 2019 All statistics are based upon Park City Board of Realtors MLS data for the period of 4/1/18 to 3/31/19. © 2019 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed.